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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

The data shows how perceptions around cyber and technology risks, from ransomware and other cyber-attacks to the threats posed by AI, are changing the global business risk landscape. Yet, boardroom focus on cyber risk appears to be diminishing. trillion by 2025, a 300% increase since 2015 1.

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News alert: AppDirect poll reveals company leaders losing sleep over cyber risks, compliance

The Last Watchdog

In fact, all of their other concerns—malware, stolen data, phishing, ransomware and misconfiguration of cloud services—include an element of human error and/or malice. Best-in-class training, with testing and regular retraining and testing, will go a long way to mitigate the risks of social engineering security breaches.”

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Annual Reports: How They Warn of Cyber Risk

SecureWorld News

However, we were most interested in seeing how Accenture articulated a particular business risk: the risk from a cyberattack. Especially because Accenture was hit with ransomware this year. On page 34 of the report, Accenture dives into the risk that cyber poses to the business.

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Great American Insurance Group Launches Innovative Cyber Risk Management Platform for Policyholders

CyberSecurity Insiders

by Great American, a powerful cyber risk management platform that combines the National Institute of Standards and Technology (NIST) driven, inside-out review of an organization’s cyber security posture with insights from continuous, external vulnerability scans and best-in-class cyber security ratings from SecurityScorecard.

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Spotlight Podcast: CSO Chris Walcutt on Managing 3rd Party OT Risk

The Security Ledger

In this Spotlight Podcast, host Paul Roberts talks with Chris Walcutt, the CSO of DirectDefense about the rising cyber threats facing operational technology (OT) and how organizations that manage OT - including critical infrastructure owners can best manage increased cyber risks to OT environments. Read the whole entry. »

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City of Dallas Vital Services Shut Down in Suspected Ransomware Attack

SecureWorld News

The City of Dallas, Texas, was forced to shut down police communications and IT systems on Monday morning, May 1, due to a suspected ransomware attack. Subsequently, the City has confirmed that a number of servers have been compromised with ransomware, impacting several functional areas, including the Dallas Police Department Website."

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Security Affairs newsletter Round 423 by Pierluigi Paganini – International edition

Security Affairs

Gox exchange and operating BTC-e Japanese Pharmaceutical giant Eisai hit by a ransomware attack Clop ransomware gang was testing MOVEit Transfer bug since 2021 Stealth Soldier backdoor used is targeted espionage attacks in Libya Researchers published PoC exploit code for actively exploited Windows elevation of privilege issue Experts detail a new Kimsuky (..)